Press Release Details

Fitch affirms BB+ rating for Heimstaden, revises outlook to negative from stable


Fitch affirms Heimstaden’s ‘BB+' Long-Term IDR and revises the Outlook to “Negative” from “Stable”. The outlook revision is due to Fitch’s belief that credit metrics will come under pressure due to rising interest rates. The rating of Heimstaden is linked to the rating of Heimstaden Bostad.